e-Commerce grows up

The New York Times ‘A Retail Revolution Turns 10‘ feature is a concise warts-and-all history of how Amazon grew to become the dominant player in e-commerce. Bezos unlike his contemporaries has not been replaced as the head of his company is shown to be a major issue and a major asset at the same time.The New York Times graphic above shows how the business expanded based on a 2 billion USD bank loan via a business strategy that reads like a high-finance game of chicken.